This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Unidad de Valor Constante" – news · newspapers · books · scholar · JSTOR(December 2009) (Learn how and when to remove this message)
Unidad de Valor Constante
Unidad de Valor Constante(Spanish)
UVC
ISO 4217
Code
ECV
Demographics
Date of introduction
May 28, 1993
User(s)
Ecuador
Valuation
Value
1 ECV = 10 000 ECS
This infobox shows the latest status before this currency was rendered obsolete.
The Unidad de Valor Constante (UVC) was a currency created by the "Ley de Valores" of Ecuador in 1993, and abolished with dollarization in the presidency of Jamil Mahuad on January 9, 2000. It was meant to help deal with the high levels of inflation experienced under the sucre. The 1 UVC was specified at its introduction (May 28, 1993) to equal 10,000 sucres. Its value was adjusted daily by the "Instituto Nacional de Estadísticas y Censos" (INEC) in line with the rate of inflation.
It had the ISO 4217 currency code ECV.
Money portal
This article about a unit of currency is a stub. You can help Wikipedia by expanding it.
v
t
e
This Ecuador-related article is a stub. You can help Wikipedia by expanding it.
v
t
e
and 7 Related for: Unidad de Valor Constante information
The UnidaddeValorConstante (UVC) was a currency created by the "Ley deValores" of Ecuador in 1993, and abolished with dollarization in the presidency...
Vehicle Code, a set of US traffic laws UnidaddeValorConstante, a former currency created by the "Ley deValores" of Ecuador in 1993 This disambiguation...
Paseo de Bolívar, a former building of the Bank of the Republic. (1970–1985) This is a period in which the system Unidadde Poder Adquisitivo Constante (UPAC)...
government introduced the unit of constant purchasing power (unidadde poder adquisitivo constante, or UPAC). Based on it, a mortgage system in which debts...